This paper compares education investment in closed and open economies without government and with a benevolent government. Closed economies suffer from a holdup problem of excessive redistribution, and governments use education policy as a second-best tool. Globalization that increases labor...

The number of immigrants to Sweden has increased significantly in the last two decades. In 1990, 9 percent of the population was born abroad. Just over 60 percent of them were born in Finland, Norway and Denmark. Thirty years later, the corresponding figure of foreign born is 20 percent. The...

The pandemic has mainly affected the state of health and mortality, but has also had effects on the economy and the labor market. This article reports what happened to the total number of employees, their distribution by sectors and regions and changes in the number of employees for different...

The pandemic has mainly affected the state of health and mortality, but has also had effects on the economy and the labor market. This article reports the development of the total number of employees, their distribution by sectors and regions and the changes in the number of employees for...

The Russian war in Ukraine has led to many fleeing the country. The Temporary Protection Directive applies to those from Ukraine but also those who received a residence permit in Ukraine as a refugee before 24 February 2022, as those who have fled from Belarus to Ukraine in recent years. We can...

Family firms are often considered characteristically different from non-family firms, and the economic implications of these differences have generated significant academic debate. However, our understanding of family firms suffers from an inability to identify them in total population data, as...

Business angels dominate early-stage investment in firms, but research on their investment effects is scarce and is limited by sample selection. Therefore, we propose an algorithm for identifying business angel investments from total population data. We apply the algorithm to study business...

The proportion of the population being of working age is decreasing. One way to counteract this development is accepting labor immigration. In this article, we look at the part of labor immigration that comes from what is called third countries (countries outside EEA). Some of those who come to...

Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we report evidence that this relation might be spurious. We recruit a large subject pool drawn from the general Danish population for our experiment. By presenting subjects with...

We investigate how the anchoring effect-a well-established cognitive bias-influences the full distribution of subjective beliefs. While prior research extensively examines the impact of anchoring and other biases on point estimates, their effect on higher moments of the distribution remains...